Cloud Automation SAAS Company 115% Net Revenue
Not Disclosed, NY Not Disclosed
Seller's Contact Information
- RE: Cloud Automation SAAS Company 115% Net Revenue
- Contact: Ashish Bhatt
Business Overview:
The company is a scalable, fast-growing cloud automation SaaS provider with a strong focus on efficient data service automation.
It uses open-source technologies to make cloud automation efficient for enterprises. The company’s IP integrated Data Service products are used by large corporations and mid-size companies across North America, Asia, and Europe.
The firm was established more than a decade ago, and through its creativity, it transformed by 2018 into a successful cloud operations provider. In 2019, the company formed a Kubernetes team.
In 2023 the company beat management expectations with 36% to reach $7.0m in revenue and recorded an EBITDA margin of 42%. For 2024, the management has budgeted a realistic $8.1m in revenues, and 3.5m in EBITDA. Between 2019 and 2023, it maintained a stable CAGR of 19.1%, with a client retention rate of 100% over the past three (3) years.
Team: The company is led by an experienced senior management and technical team, with a total of 67 full- and part-time employees.
Services and Clients: The company facilitates client deployment of applications on any cloud infrastructure through its proprietary IP, offering platform-agnostic Platform and Data Services.
Clients include Fortune Global 500 companies in manufacturing, financial services, and automotive industries.
Contracts range from two to seven years, and the company employs a recurring subscription revenue model.
Market Competition and Expansion:
With over ten years of cloud computing experience, the company serves diverse clients across various industries. Its IP offers competitive pricing and infrastructure flexibility, with products compatible with major infrastructures (e.g., AWS, GCP, Azure, AliCloud) for public cloud or on-premises services.
Current Strengths: The company offers cloud development automation across major platforms, boosting scalability with services and minimal cost overhead. Existing products are proven with large enterprises. They're actively innovating, especially in integrating data with Kubernetes.
Future Goals: The company will expand data management and introduce new Kubernetes features to attract new clients with standalone products. A multi-cluster cloud service solution is planned to drive revenue. In the next few years, they aim for 20-100 new accounts while balancing sizes and reducing risk. Long-term, enhanced marketing and sales, potentially with a partner, could lead to significant growth.
Reason for Selling:
Kindly ask the seller for more information.Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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